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Wabasha County Q1 financial report: $11.4M in CDs, $8.44M revenue and $9.19M expenditures reported
Summary
Finance staff reported $11,386,000 held in certificates of deposit, $291,449 interest earned year-to-date, $8,438,749 in first-quarter revenue and $9,194,033 in first-quarter expenditures; officials cautioned potential future state and federal funding reductions affecting transportation projects.
WABASHA COUNTY — County finance staff presented the quarter‑one 2025 financial summary to the board, reporting $11,386,000 in certificates of deposit, $291,449 in interest earned year‑to‑date, $8,438,749 in total first‑quarter revenue and $9,194,033 in total first‑quarter expenditures.
The finance presentation showed investment maturity dates and a strategy of staggering maturities to maintain consistent cash flow. The presenter reported that…
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